GLOBAL ENERGY SERVICES LTD. ISSUES STOCK OPTIONS
TSX-V: "GLK"
Shares Outstanding 20,785,959
CALGARY, Sept. 29 /CNW/ - Global Energy Services Ltd. ("Global Energy") (GLK - TSX Venture), announces the Board of Directors have approved a stock option grant.
The stock option grants are made to purchase up to an aggregate of 1,025,000 common shares of the corporation and were made to staff members and Directors of the Corporation at an issue price of $0.12 per share. The grant is to provide compensatory incentive for the services provided to the corporation. This granting of options is dated September 27, 2010 and is related to the options awards made on September 21, 2010.
About Global Energy Services Ltd.
Global Energy Services Ltd. is an innovative oilfield service company that provides production services and communications solutions to the oil and gas industry. The production services segment utilizes its patented Activator hydraulic submersible pump to enhance oil and gas production in unconventional and conventional wells. Global's communications segment provides a complete suite of integrated products and solutions specifically suited for the oil and gas industry. Global was founded in 1994 and is listed on the TSX-V.
More information about Global Energy Services Ltd. can be found at http://www.global-energy.ca
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For further information: Contact Global Energy Services Ltd., Derek Begin, President & CEO, Global Energy Services Ltd., Tel: 403.243.0820, Email: [email protected]; Don Jorgensen, VP of Finance & CFO, Global Energy Services Ltd., Tel: 403.243.0820, Email: [email protected]
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